Progressive Insurance (corporate profile provided by Reuters)

The Progressive Corp., incorporated in 1965, is an insurance holding company with 68 subsidiaries, one mutual insurance company affiliate and one reciprocal insurance company affiliate. The Company's insurance subsidiaries and affiliates provide personal automobile insurance and other specialty property-casualty insurance and related services throughout the United States. Its property-casualty insurance products protect its customers against collision and physical damage to their motor vehicles and liability to others for personal injury or property damage arising out of the use of those vehicles. The Company's non-insurance subsidiaries generally support the Company's insurance and investment operations. The Progressive Corp. offers a number of personal and commercial property-casualty insurance products primarily related to motor vehicles.

Although Progressive has been a leader and innovator in doing business online in the recent past, they continue to be rated poorly by J.D. Power and Associates when it comes to such things as Claims handling, agent/company representatives, policy options, as well as overall experience. We trust that Progressive will attempt to improve on these measures going forward.

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